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System Research Co (TSE:3771) Total Assets : 円14,938 Mil (As of Dec. 2023)


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What is System Research Co Total Assets?

System Research Co's Total Assets for the quarter that ended in Dec. 2023 was 円14,938 Mil.

During the past 12 months, System Research Co's average Total Assets Growth Rate was 25.10% per year. During the past 3 years, the average Total Assets Growth Rate was 8.50% per year. During the past 5 years, the average Total Assets Growth Rate was 6.90% per year. During the past 10 years, the average Total Assets Growth Rate was 5.60% per year.

During the past 13 years, System Research Co's highest 3-Year average Total Assets Growth Rate was 8.50%. The lowest was -2.50%. And the median was 5.50%.

Total Assets is connected with ROA %. System Research Co's annualized ROA % for the quarter that ended in Dec. 2023 was 15.74%. Total Assets is also linked to Revenue through Asset Turnover. System Research Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.41.


System Research Co Total Assets Historical Data

The historical data trend for System Research Co's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

System Research Co Total Assets Chart

System Research Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,547.13 10,692.61 11,200.16 12,884.66 14,181.76

System Research Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13,137.75 14,181.76 13,317.09 14,335.50 14,938.34

System Research Co Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

System Research Co's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=9135.591+5046.168
=14,182

System Research Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=10028.19+4910.149
=14,938

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


System Research Co  (TSE:3771) Total Assets Explanation

Total Assets is connected with ROA %.

System Research Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=2303.72/( (14335.498+14938.339)/ 2 )
=2303.72/14636.9185
=15.74 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

System Research Co's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=5931.985/( (14335.498+14938.339)/ 2 )
=5931.985/14636.9185
=0.41

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

System Research Co Total Assets Related Terms

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System Research Co (TSE:3771) Business Description

Traded in Other Exchanges
N/A
Address
2-12, Iwatsukahon-tori, Nakamura-ku, Nagoya, JPN, 453-0861
System Research Co., Ltd is a software application service provider in Japan. The business of the company includes SI service operations, outsourcing business, web related business, software development work, software product business, and product sales.

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